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Rockfire Resources kicks off next phase of Double Event drilling

"Rockfire is an active and aggressive explorer and we are pleased to have the drill rods turning again at our Double Event Prospect, which is part of the Lighthouse tenement.”
gold
Positive gold grades have been unearthed at Double Event

Rockfire Resources PLC (LON:ROCK) told investors that it has kicked-off reverse circulation drilling in the western portion of the Double Event Prospect in Queensland, Australia.

The drill programme is expected to run for around ten days, the company said.

READ: Rockfire Resources sees gold in 93% of drill holes at Double Event

"Rockfire is an active and aggressive explorer and we are pleased to have the drill rods turning again at our Double Event Prospect, which is part of the Lighthouse tenement,” said David Price, Rockfire chief executive.

“Double Event represents a 3km-long quartz vein-hosted mineralising system, which outcrops at surface and has multiple old gold workings along its length."

Price noted previous drill results from the eastern part of the project, earlier this year, which showed high grades mostly within the top 25m from the surface.

"The current drill program will test the western extremity of the 3km trend, where historical rock samples returned peak assays of 61 g/t Au, 40 g/t Au and 18.3 g/t Au,” he added.

“This section of the system also hosts more than 20 historical, shallow gold workings from the late 1800's.

“This round of drilling will again test near-surface gold potential with approximately 12 holes ranging from 40m to 80m deep.”

 The market will be updated at the conclusion of this drilling phase, which is expected to be approximately 10 days of drilling."

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